NSE, or the National Stock Exchange of India Limited, is India’s leading stock exchange. Established in 1992 and located in Mumbai, this exchange brought a paradigm shift to the Indian financial market right after it had suffered a setback due to an unprecedented scam that hit the Bombay Stock Exchange. This article, divided into 4 major sections highlighted below, will introduce you to the legacy of NSE. History of National Stock Exchange of India After the outbreak of 1992 security scam in which a BSE member, Harshad Mehta, was exposed manipulating the market, the government of India decided to promote establishing NSE based on recommendations made by High Powered Study Group on Establishment of New Stock Exchanges. The immediate aim was to provide equal access to investors from all across the nation and make participating in stock market easier. In November 1992, NSE was established as a tax-paying company with key investors including Life Insurance Corporation of India, S